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Sunday, June 10, 2007

Stock Analysis - Reader Request

We will analyze a few stocks that one of our readers wanted to run by us:

MIC Electronics: This is a recent IPO and as such doesn't have a price history for us to make any assessment.

ORB Corporation: This is a recent IPO and as such doesn't have a price history for us to make any assessment.

ILFS Investment: Conservative target of 165-180. We would advise a sell of 25% of holding on an incremental basis of 5 rupees upside.For instance, if you have 100 shares, sell 25 at abt 167, then another 25 at 172. Above 175, close all positions.However if you are looking at a time period of 6-8 months, then this stock can do well and hit 250.

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